Media Centre

Sasolburg, South Africa – Today, Sasol inaugurated the full completion of its R13,6 billion FT Wax Expansion Project (FTWEP). Phase 2 began beneficial operation in March 2017, while phase 1 was commissioned in 2015.

“With completion of this project, South Africa is now one of the leading countries of wax production globally. “We’re enormously proud of this achievement and believe it is a fine symbol of South Africa’s industrial prowess,” said Bongani Nqwababa, Joint President and Chief Executive Officer, Sasol Limited.

Marketed by the Performance Chemicals team, hard waxes, medium waxes, liquid paraffins and waxy oils are supplied to a variety of industrial and speciality applications. Hard waxes are used in hotmelt adhesives, PVC processing, inks, paints, coatings, and asphalt applications; medium waxes are used in candle markets and emulsions in the manufacturing of construction boards.

Throughout the duration of the project, there were 49 service providers and approximately 5,500 construction workers on site. The project was resourced by 450 engineers with some 22,000 isometric drawings created and 904 pieces of mechanical equipment installed. In excess of 31 million hours were worked with an exceptional safety record of 0.15 recordable case rate (RCR), below the benchmark of projects of this scale.

FTWEP is one of a number of major capital investments the company has made in South Africa, further entrenching the country’s reputation as Africa’s leading industrial nation.

Sasol may, in this document, make certain statements that are not historical facts that relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return, executing our growth projects (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report on Form 20-F filed on 28 August 2017 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

Please note: One billion is defined as one thousand million. bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year 30 June. Any reference to a calendar year is prefaced by the word “calendar”.

Comprehensive additional information is available on our website: www.sasol.com